Sheldon Reback

Sheldon Reback is CoinDesk editorial's Regional Head of Europe. Before joining the company, he spent 26 years as an editor at Bloomberg News, where he worked on beats as diverse as stock markets and the retail industry as well as covering the dot-com bubble of 2000-2002. He managed the Bloomberg Terminal's main news page and also worked on a global project to produce short, chart-based stories across the newsroom. He previously worked as a journalist for a number of technology magazines in Hong Kong. Sheldon has a degree in industrial chemistry and an MBA. He owns ether and bitcoin below CoinDesk's notifiable limit.

Sheldon Reback

Latest from Sheldon Reback


Markets

Winklevoss Capital moves $43 million in bitcoin to custody after hitting lowest balance since 2012

Arkham data shows 572 BTC moved from Gemini's hot wallet to Winklevoss custody addresses in two transactions in 17 hours, reversing part of last month's $128.5 million deposit.

Tyler and Cameron Winklevoss (Jesse Hamilton/CoinDesk)

Markets

High Roller stock more than doubles on prediction markets partnership with Crypto.com

The announcement comes as an increasing number of companies move into prediction markets, an industry that is estimated to grow to $1 trillion by 2030

Four people at a bar watch sports on a bank of television screens. (Amit Lahav/Unsplash)

Finance

Scroll moves to cut costs after top protocol migrates to Optimism

The downsizing follows a financial hit after Scroll's top protocol migrated to Optimism, draining nearly $160 million in TVL and $13 million in annualized fees.

CoinDesk

Finance

JPMorgan CFO warns stablecoins risk becoming ‘regulatory arbitrage’ play

During the bank's earnings call on Tuesday, JPMorgan CFO Jeremy Barnum warned that stablecoins could become a tool for regulatory arbitrage unless they are held to the same strict oversight and consumer protection standards as traditional bank deposits.

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Tech

XRP Ledger adds zero-knowledge proofs targeting institutional privacy gap

The Boundless integration enables private transaction execution on XRPL while maintaining compliance, addressing what the company calls the "transparency tax" that has held back institutional adoption of public blockchains.

A padlock secures a gate hasp. (Shutterstock)

Finance

Visa and Zodia Custody join Stripe’s new blockchain for machine payments

The card network configured and managed the validator node entirely in-house, it said, following six months of joint work with Tempo’s engineering team.

Cuy Sheffield, the head of Visa's Crypto team (Visa)

Finance

Deutsche Börse takes 1.5% stake in crypto exchange Kraken for $200 million

Deutsche Börse teamed up with Kraken in December to bridge traditional and digital markets and help expedite institutional cryptocurrency adoption in Europe.

Kraken on phone (PiggyBank/ Unsplash)

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Markets

Bitcoin tests $75,000 as $200 million in shorts face liquidation risk

Bitcoin price approaches $75,000 level with $200 million in shorts at risk of liquidation, rising open interest and shifting volatility dynamics in focus.

BTC/USD (CoinDesk Data)

Policy

Bank of Korea nominee backs central bank-led digital currency, sees limited role for stablecoins

The nominee, Shin Huyn-song, supported a central bank digital currency model, emphasizing the need for strict anti-money laundering and compliance controls.

South Korea's flag (Daniel Bernard/Unsplash)